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Arte-miy333 [17]
3 years ago
12

What is the future value of $450 at an interest rate of 15 percent one year from today?

Business
1 answer:
gladu [14]3 years ago
3 0

Answer:

$517.50

Explanation:

we have to use the future value formula:

future value = present value x (1 + interest rate)ⁿ

  • present value = $450
  • interest rate = 15%
  • n = 1 year

future value = $450 x (1 + 15%) = $450 x 1.15 = $517.50

The basic premise of finances is that the value of money changes over time, i.e. one dollar today is worth more than one dollar tomorrow. That is because the money yo have today can be invested and it can interest, therefore, it will be worth more in the future.

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National income equals:_______.
lys-0071 [83]

Answer:

C

Explanation:

C. compensation of employees + proprietors' income + indirect business taxes + rental income + net interest

4 0
3 years ago
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A cut in taxes _____, shifting the aggregate demand curve to the _____. increases corporate profits and investment; left increas
umka2103 [35]

Answer:

Increases disposable income and consumption; right

Explanation:

A reduction in the taxes by the government of a particular nation will increase the disposable income of the consumers of that nation. A disposable income refers to the income of the consumer after deducting the taxes.

Hence, if the disposable income of the consumer increases then as a result this will increase the purchasing capacity of the consumers and  the demand for goods & consumption level also increases.

Due to this increase in the disposable income and consumption level, there is a rightward in the aggregate demand curve.

5 0
3 years ago
Which of the following is the most important factor in successful new-product introduction? Group of answer choices ​The new pro
exis [7]

Answer:

The correct answer is letter "B": The new product should deliver a meaningful and perceivable benefit to a sizable number of people.

Explanation:

A new product is a good or service that is going to be introduced to the market to satisfy the need for a specific sector. <em>For the new product to be successful, the need that it satisfies should represent a benefit for the target audience great enough to make them pay for it</em>. Besides, the new good or service must bring a differential feature to consider it more attractive compared to competitors or similar products that might already exist.

6 0
3 years ago
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Economic growth will reduce the future real GDP of an economy. expand the production possibilities of an economy. increase an ec
nikklg [1K]

Answer:

The correct option is B. expand the production possibilities of an economy.

Explanation:

Economic growth can be defined as the increase in an economy's production of economic goods and services, often compared from one period of time to another. It can be measured in any of the following:

  • Nominal or real (adjusted for inflation) terms.
  • Gross National Product (GNP)
  • Gross Domestic Product (GDP), etc.

Contributors to economic growth include:

  • Increases in capital goods.
  • Increase in labor force.
  • Technology.
  • Human capital.

In simplest terms therefore, economic growth is used to refer to an increase in the aggregate production in an economy.

5 0
3 years ago
If an oligopoly does not cooperate and each firm chooses its own quantity, the industry will produce a quantity of output that i
Whitepunk [10]

Answer:

a. less than; more than 

Explanation:

An oligopoly is when there are few large firms operating in an industry.

A competitive industry is when there are many buyers and sellers of homogenous goods and services.

A Monopoly is when there is only one firm operating in an industry.

An oligopoly firm can choose to cooperate with other firms in the industry or not cooperate.

If firms do not cooperate they produce more goods than if they cooperated. The quantity produced can never be as much as that of a competitive firm because the number of producers in an oligopoly is less than that in a competitive firm.

The output would be more than the quantity produced by a monopoly because the number of producers in an oligopoly is more than that in a monopoly.

I hope my answer helps you.

6 0
3 years ago
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